🚨Altcoins in Trouble? DOGE, SOL, and Memecoins Flash Warning Signs🚨

Solana is currently trading around $132, marking a 55% drop from its all-time high of $294 set in January. Market signals remain mostly bearish, with 25 indicators pointing to a sell compared to just four showing bullish momentum. The RSI sits near 46, suggesting neutral conditions for now. Strong support lies in the $120 to $125 range, and holding that area will be important. For any short-term recovery, buyers need to push the price back above $138, which aligns with the 20-day EMA and could allow a move toward $153.$SOL

SOLUSDT

Perp

131.85

-0.47%